Sfl Corporation Limited (SFL) has released an update.
SFL Corporation Ltd. has announced robust preliminary results for Q1 2024, including an 81st consecutive quarterly dividend increase to $0.27 per share and a net profit of $45.3 million. The company has secured a charter hire of $235.8 million and adjusted EBITDA of $143.8 million, indicating strong financial health and growth. These results are bolstered by strategic acquisitions and the expansion of their fleet, with long-term charters that have pushed the fixed rate charter backlog to approximately $3.6 billion.
For further insights into SFL stock, check out TipRanks’ Stock Analysis page.
